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Down 18% pre market set to open at a new 52 week low, PayPal boasts a consistent track record of earnings and sales growth, stretching back to at least 2010. In that year, it earned 29 cents per share. In 2019, the company reported EPS of $2.96 per share. For 2020, the firm's earnings grew 31% to $3.88 a share. In 2021, the company's EPS grew 18% to $4.60. Analysts expect the company's EPS to grow 13% in 2022 and another 26% in 2023.
The stock went down 5% when Bernstein took their price target from $260 to $220. Now lower expectations and outlook from yesterday's earnings report.
PYPL isn't going anywhere and hasn't been available at this price in several years.